868 Wyckoff Ave - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$2,495,000 USD
718-475-4382
868 Wyckoff Ave, Brooklyn, NY for Sale
$2,495,000 USD
Apartments - FOR SALE
1/19
null | 6.3% Cap Rate

868 Wyckoff Ave
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • Corner Mixed-Use Building in Bushwick | 4 Apartments + 2 Stores Spanning 5,400 Above Grade SF on a 20' x 100' Lot
  • Retail Repositioning with Cash Flowing Apartments | Retail will be Delivered Vacant
  • Hard-Corner of Wyckoff Avenue and Jefferson Avenue | Halsey Street L-Train and Myrtle-Wyckoff Transit Hub
  • Rapidly Transitioning Retail Corridor | Bordering Ridgewood Submarket

OVERVIEW

Marcus & Millichap - New York Multifamily is excited to present 868 Wyckoff Avenue, a prime six-unit mixed-use asset located on the Bushwick/Ridgewood border. This well-maintained property features four spacious free market residential units—each comprised of large two-bedroom apartments, convertible to three-bedroom layouts—alongside two ground-floor commercial units, both currently vacant, offering immediate retail repositioning. The building totals 5,400 gross square feet (4,590 net) on a 20 x 100 ft lot, with R6 zoning and designated tax class 2A.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$462 USD /SF

# OF UNITS

6

PRICE/UNIT

$415,833

CAP RATE

6.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

868 Wyckoff Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

R6

APN/PARCEL ID

03386-0055

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.